Lagerkvist, Carl-JohanFrykblom, PeterCarlsson, Fredrik2004-03-122007-02-092007-02-0920041403-2465http://hdl.handle.net/2077/2792In two experiments on the choice of consumer goods, the estimated marginal willingness to pay for food are found to be lower in the survey version with cheap talk. Our test can be seen as a test of hypothetical bias. This implies we cannot reject the hypothesis of a hypothetical bias for marginal WTP in choice experiments.11 pages136358 bytesapplication/pdfenhypothetical WTP; cheap talk; incentive compatibilityReportEconomics